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Constantly increasing globalization and integration of the world, often emphasized in the modern times, is carried out mostly through merchandise trade. Nowadays, wide variety of goods are involved in merchandise trade, but traditional ones, such as fuels, mining products, machinery and transport still remain most tradable. International trade of services, including transport, tourism and financial services, is also gaining momentum headed by the US as the world leader in exports and imports of services. The data on these and other indicators covering the framework of foreign trade is presented in the below datasets and visualizations.

See also: Agriculture | Commodities | Demographics | Economics | Education | Energy | Environment | Exchange Rates | Food Security | Foreign Trade | Healthcare | Land Use | Poverty | Research and Development | Telecommunication | Tourism | Transportation | Water | World Rankings

Related Data Insights

International Trade: Countries by Their Major Exports

Concentration Index of Exports estimates to what extent a country relies on a certain group of commodities. Countries, which are over depending on the export of the definite commodity group as a primary source of the foreign income, are vulnerable to changes in global demand because export earning depends on foreign currencies. Countries that are resource-rich are less diversified. These countries did not try to create a greater variety of exported product, and for now, they are dependent on a small number of resources they specified.  Last year Iraq took first place in Export Concentration Index rating, 97% of Iraq's export is Mineral...

11th World Trade Organization Ministerial Conference

The topmost decision-making body of the WTO is the Ministerial Conference, which usually meets every two years. It brings together all members of the WTO, all of which are countries or customs unions. The Ministerial Conference can take decisions on all matters under any of the multilateral trade agreements. The Ministerial Conference, which is attended by trade ministers and other senior officials from the organization’s 164 members, is the highest decision-making body of the WTO. Under the Marrakesh Agreement Establishing the WTO, the Ministerial Conference is to meet at least once every two years.  The last Ministerial Conference took...

Import Indices

Travel Export and Import

Development of travel industry leads to benefites in different sectors. For exapmle, huge number of travalers usually increase in demand of souvenirs . It also can be rise in sales in real estates. It dependes positively on economy. On the other hand, if residents of some country spend a lot for tourism it denotes contry's wealth.